Nifty Short - Four Indicators Analysis
Bearish Divergence.. Wedge formation.. RSI divergence with price increase.. Stochastic overbought .. MACD bearish divergence
Note
Movement as per expectations.. Within Wedge channel.. Moving down to break the channel supported by all mentioned indicators in concurrence. For Educational purpose only
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.